The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Wednesday, July 19, 2017

University of Missouri takes $22 million hit as Greitens acts on state budget - Rudi Keller, Columbia Tribune

Gov. Eric Greitens cut $11 million appropriated by lawmakers out of the University of Missouri System’s core budget and withheld more than $11 million dedicated to system initiatives Friday as he finalized action on the $27 billion state budget for the year beginning Saturday. The cut was part of $251 million in spending restrictions — $36 million from higher education — that were needed to balance spending with expected state revenues. Greitens also vetoed three spending items, including $1 appropriated to show the General Assembly’s commitment to the UMKC downtown arts campus. Greitens vetoed the legislation authorizing bonds for the $96 million project.
http://www.columbiatribune.com/news/20170630/university-of-missouri-takes-22-million-hit-as-greitens-acts-on-state-budget